US Economy Could Grow $2 Billion Per Month If Federal Government Shared Spectrum

The global race to a 5G network is on. This new wireless broadband technology will offer an exponential speed increase over 4G. It has the capability to deliver services such as remote surgery and self-driving cars with near perfect reliability. But a new report shows that the US is lagging behind China and South Korea in developing 5G networks. The US is the global leader in 4G mobile wireless networks, technologies, apps, and services, and we've reaped the benefits: When 4G mobile broadband was first deployed, a new economy took off, adding $100 billion to the nation's GDP.